Why Pi Coin Price Might Never Fall Under $1 Again – Could Binance Listing Be a Game Changer?

Pi Coin has shown resilience following a recent price dip, trading at $1.73. The token has attracted strong interest from buyers, with trading volume rising significantly.

The price of Pi Coin (PI) recently dipped, falling as low as $1.73. However, the token has shown resilience, with buyers stepping in to prevent further declines.

As the community eagerly awaits the possibility of a Binance listing, some investors are discussing the possibility of Pi Coin price falling below $1. However, proponents of the asset highlight its true value, which extends beyond its current exchange price.

Pi Coin Market Trends and Price Analysis

The PI trading chart on July 11 at 08:05 (GMT+8) reflects recent volatility. The price reached a 24-hour high of $2.2695 and a low of $1.6607. After a sharp climb earlier, the token faced selling pressure, leading to a steady decline.

The moving averages indicate downward momentum: MA(5) stands at $1.7533, MA(10) at $1.8061, and MA(20) at $1.8985. Key Fibos levels provide support at $1.66 and resistance at $2.26.

If PI’s price stays above the support, we might see a bounce back. However, a drop below $1.66 could push the token toward the $1.50-$1.45 range.

Some pioneers are worried that the $Pi price might fall under $1 again. But if you know what makes Pi valuable, you will not be fazed by price drops on exchanges.Every price point that Pi has ever been at, since the listing, have all been discounted prices. Even the all time… pic.twitter.com.

Community Speculation Ahead of Pi Day

Social media discussions highlight growing speculation within the Pi community. Crypto expert WoodyLightyearx reassures holders that Pi has never been traded at its real value, suggesting that concerns over price drops may be unfounded. The tweet also mentions Pi Day, an upcoming event that could influence sentiment and market activity.

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Moreover, veteran analyst Pushpendrakum shares an update on Binance’s review of Pi for listing. Despite receiving 87.1% of votes in favor, the exchange is considering technical and community factors. The post also raises questions about Binance’s listing process, contrasting it with the swift listing of Trump Coin, which occurred within 24 hours.

Binance world largest exchange is still reviewing $pi listing.First, they say 202,547 votes (87.1%) in favor of listing $PI on @binance, fine. Then, they say the decision will be based on the roadmap, tech, community, and quality, which makes sense. But if they have such… pic.twitter.com

Many in the Pi community believe that a Binance listing would provide greater exposure and liquidity, potentially leading to increased demand.

With ongoing discussions and Pi Day approaching, investors are monitoring developments that could shape the Pi Coin’s price trajectory in the coming weeks.

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